Many cities in China were basically very backward before they were developed. For example, before the reform and opening up, Shenzhen was just a small fishing village. After decades of development, it has become a first-tier city in China.

But also has a great impact on the overall economy of China. The same is true of Hong Kong. Before today's achievements, Hong Kong was actually a relatively backward small place, but now it has developed into what people call the Pearl of the Orient.

Analysis of Hong Kong's Gross Domestic Product

In recent years, the global economic development is not very good. Although the economies of many cities in China are developing, there are still obvious gaps compared with those in China.

Although Hong Kong's economy declined in 2020, it rose by 6.4% in 202 1, which can be regarded as making up for some of the previous losses. From the data of 202 1, we can know that the GDP data of Hong Kong has reached 2.37 trillion, and the per capita GDP has reached 3 17600 RMB. Although it has increased in name, it has obviously decreased from the overall development of Hong Kong.

Especially in Hong Kong, after being affected by public health incidents, the economy has experienced a sharp decline, which shows how harmful the epidemic is. Although it recovered in 20021,on the whole, there are still many cities in China whose economic scale can surpass that of Hong Kong. In 202 1 year, Hong Kong's GDP was GDP2.37 trillion, falling to the second place in China.